HEMSEDAL HYTTEDRIFT AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

2 456,17 %

Current Ratio

1,05

Debt-to-Equity Ratio

−5,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 804 000	16 823 000	13 182 000	14 884 000
Net Income	−9 751 000	−5 664 000	−3 859 000	−5 361 000
Total Assets	24 359 000	4 288 000	3 075 000	2 320 000
Total Equity	−397 000	−15 038 000	−10 339 000	−6 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 804 000	16 823 000	13 182 000	14 884 000
Expenditure	37 334 000	22 310 000	16 874 000	20 115 000
Operating Profit	−9 531 000	−5 487 000	−3 693 000	−5 231 000
Financial Income	8 000	1 000	0	1 000
Financial Costs	228 000	177 000	166 000	131 000
Financial Balance	−220 000	−176 000	−166 000	−130 000
Earnings Before Tax	−9 751 000	−5 664 000	−3 859 000	−5 361 000
Tax	0	0	0	0
Net Income	−9 751 000	−5 664 000	−3 859 000	−5 361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	441 000	644 000	620 000	547 000
Total Current Assets	23 918 000	3 644 000	2 454 000	1 773 000
Total Assets	24 359 000	4 288 000	3 075 000	2 320 000
Total Retained Equity	−24 889 000	−15 138 000	−10 439 000	−6 580 000
Total Equity	−397 000	−15 038 000	−10 339 000	−6 480 000
Total Long-Term Debt	1 999 000	0	0	0
Total Current Debt	22 756 000	19 326 000	13 414 000	8 800 000
Total Equity and Debt	24 359 000	4 288 000	3 075 000	2 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 987 000	16 210 000	11 329 000	14 726 000
Other Income	−183 000	613 000	1 853 000	157 000
Revenue	27 804 000	16 823 000	13 182 000	14 884 000
Cost of Goods Sold	15 798 000	8 182 000	3 687 000	5 332 000
Salary Costs	11 316 000	8 057 000	7 958 000	8 592 000
Depreciation	236 000	231 000	130 000	251 000
Impairment	0	0	0	0
Expenditure	37 334 000	22 310 000	16 874 000	20 115 000
Operating Profit	−9 531 000	−5 487 000	−3 693 000	−5 231 000
Financial Income	8 000	1 000	0	1 000
Financial Costs	228 000	177 000	166 000	131 000
Financial Balance	−220 000	−176 000	−166 000	−130 000
Dividends	0	0	0	0
Net Income	−9 751 000	−5 664 000	−3 859 000	−5 361 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	412 000	615 000	596 000	547 000
Total Tangible Assets	412 000	615 000	596 000	547 000
Total Fiancial Fixed Assets	29 000	29 000	24 000	0
Total Fixed Assets	441 000	644 000	620 000	547 000
Stock	1 567 000	2 007 000	1 412 000	1 358 000
Total Investments	0	0	0	0
Cash, Bank	498 000	181 000	114 000	193 000
Total Current Assets	23 918 000	3 644 000	2 454 000	1 773 000
Total Assets	24 359 000	4 288 000	3 075 000	2 320 000
Total Equity	−397 000	−15 038 000	−10 339 000	−6 480 000
Short-Term Group Debt	18 375 000	10 953 000	8 020 000	4 757 000
Total Long-Term Debt	1 999 000	0	0	0
Creditors	1 037 000	1 029 000	777 000	896 000
Unpaid Taxes	1 387 000	2 003 000	1 239 000	408 000
Dividends	0	0	0	0
Other Current Debt	1 957 000	3 351 000	1 318 000	744 000
Total Current Debt	22 756 000	19 326 000	13 414 000	8 800 000
Total Equity and Debt	24 359 000	4 288 000	3 075 000	2 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 456,17 %	37,66 %	37,32 %	82,73 %
Debt-to-Equity Ratio	−5,04	−0	−0	−0
Operating Profit Margin	−34,28 %	−32,62 %	−28,02 %	−35,15 %
Current Ratio	1,05	0,19	0,18	0,2
Quick Ratio	1,13	0,21	0,2	0,24
Equity Ratio	−0,02	−3,51	−3,36	−2,79
Gross Profit Margin	43,18 %	51,36 %	72,03 %	64,18 %